NOT LISTED FOR SALE

1480 Salm Dr Penn, IA 52317

Estimated Value: $815,000 - $1,229,000

5 Beds
4.5 Baths
4,294 Sq Ft
$254/Sq Ft Est. Value

Last Sold June 19, 2018

Last sale price $814,514 $190 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,100/month

Highlights

  • Barn
  • Newly Remodeled
  • Recreation Room
  • Penn Elementary School Rated A-
  • 0.63 Acre Lot
  • Whirlpool Bathtub

About This Home

As of June 2018

Watts Group Custom pre-sold home featured on 2018 Parade of Homes

Last Agent to Sell the Property

Brian Watts

Watts & Co Realty, LLC Listed on: 06/18/2018

Last Buyer's Agent

Brian Watts

Watts & Co Realty, LLC Listed on: 06/18/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,974

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 100x275

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Recreation Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near schools
  • Property is near shops

Schools

  • Penn Elementary School
  • North Central Middle School
  • Liberty High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Internet Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Patio
  • Barn

Community Details

  • Built by Watts Group Construction
  • Scanlon Farms North Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0717153005

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,974

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 4294
  • Homebuilder: Watts Group Construction
  • Owner Name L F Mi: Watts Group Development, Inc.
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Seller is licensed to sell real estate in Iowa.
  • Year Built: 2018
  • Tax Year Report: 2016
  • Subdivision: Scanlon Farms North Ridge
  • Directions: North on North Liberty Rd. Right on Salm Dr.
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Sidewalks, Close to Shopping, Close to School
  • Basement Remarks: Sump Pump, Full, Walkout
  • Fireplace Type Location: In Living Room, Gas
  • Interior R: Bookcases, Cable Available, Ceiling-9+ ft, Ceilings-Trey, Wet Bar, Whirlpool
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar
  • Lot Description R: .5-1 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: Watts Group Custom pre-sold home featured on 2018 Parade of Homes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Energy Efficient, Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 4
  • Sq Ft Above: 3150
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 5
  • Total Bathrooms: 5
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1144
  • Laundry Location: Laundry Room, Upstairs
  • Mstr Br Level: Upper
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • New Construction: Yes
  • ExteriorFeatures: Barn, Patio, Screen Porch

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Electric, Gas, Central, Forced Air

Schools

  • Elementary School: Penn
  • Middle School: North Central
  • High School: Liberty High School
  • High School: Liberty High School
  • Jr Middle School: North Central
  • Elementary School: Penn

Lot Info

  • Acreage: 0.63
  • Lot Dimensions: 100x275
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 0717153005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jun 19, 2018
Sold by
Watts Group Developemnt Inc
Bought by
Abiad Rami El and Abiad Kimberly El
Seller's Agent
Brian Watts
Watts & Co Realty, LLC
Buyer's Agent
Brian Watts
Watts & Co Realty, LLC
List Price
$814,514
Sold Price
$814,514
Current Estimated Value
$1,091,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,824
Avg. Annual Appreciation
4.06%
Original Mortgage
$424,100
Outstanding Balance
$367,597
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$723,741

Purchase Details

Closed on
Sep 20, 2017
Sold by
Scanlon Farms Development Llc
Bought by
Watts Group Development Inc
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abiad Rami El $815,000 None Available
Watts Group Development Inc $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abiad Rami El $424,100
Closed Abiad Rami El $349,688
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2018 06/19/18 Sold $814,514 0.0% $190 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $814,514 -- $190 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,974 $943,500 $128,700 $814,800
2024 $15,626 $939,100 $128,700 $810,400
2023 $16,124 $939,100 $128,700 $810,400
2022 $15,286 $839,900 $128,700 $711,200
2021 $14,500 $839,900 $128,700 $711,200
2020 $14,500 $760,200 $128,700 $631,500
2019 $3,296 $760,200 $128,700 $631,500
2018 $3,296 $179,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20183806

Iowa City Area Association of REALTORS®

APN: 0717153005